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Sorry for sounding dumb, but what were the three Xbox360 price cuts?

Arcade/Core was 299, now 279.
Premium was 399, now 349.
Elite was 479, now 449.

That is really one price cut. If you want to count it as three than you have to count the PS3 cuts.

60gig 599 to 499
20 gig 499 to 399

Technically

60 to 80 gig HDD would be a price cut. And 20 to 40.

Both have had numerous cuts in Japan.

 

Edit: For the record, this is an argument over symantics.  And my post is only meant to point out that it is just an excuse to get out the flame throwers.    



I would cite regulation, but I know you will simply ignore it.